
Cheap Apartments for Rent in Alvarado, MN from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Alvarado.


Ridgewood Apartments

Southern Manor Apartments

Green Acres Apartments

Forest Park Apartments

Heritage Highlands
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

715 N 40th St

Heritage Terrace Townhomes

The Gallery Apartments

Heritage Highland II Townhomes

Wellington Townhomes

Franklin on 4th

CARRINGTON COURT

Fieldhouse at Memorial Village
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Kensington Place Apartments

Northwood Park Townhomes

Blackmore Flats

Sonoma Apartments, LLC

401 N 4th St

519 Dewey Ave N

Emerald Square**FULLY RENOVATED APARTMENTS!**
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Columbia Square South *RENOVATED APARTMENTS!*

Warehouse & Freighthouse Apartments
Alvarado, MN Local Guide

How much does it cost to rent an apartment in Alvarado?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alvarado Studio Apartments | $882 | $635 | $1,310 |
Alvarado 1 Bedroom Apartments | $1,099 | $671 | $2,181 |
Alvarado 2 Bedroom Apartments | $1,526 | $624 | $3,000 |
Alvarado 3 Bedroom Apartments | $1,635 | $570 | $2,950 |
Alvarado 4 Bedroom Apartments | $2,698 | $2,500 | $2,935 |
Browse Top Apartments in Alvarado
See all Apartments in AlvaradoExplore Alvarado
Alvarado, MN Local Guide
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Cheapest Available Alvarado Apartments for Rent and Nearby
 The cheapest available apartment rental in Alvarado, MN is a 2 Beds unit found at Valley Park Apartments in the Downtown Grand Forks neighborhood priced from $596. Block V in the Downtown Grand Forks neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Alvarado apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Valley Park Apartments | 2 Bedroom A | 2BR,1BA | $596 |
Block V | STUDIO/1BA | Studio,1BA | $775 |
Forest Park Apartments | 3 Bedroom 1 Bathroom A | 3BR,1BA | $938 |
Blackmore Flats | Efficiency - 1E | Studio,1BA | $1,085 |
Minnesota Heights Apartments | 1B/1B/HCA | 1BR,1BA | $1,110 |
McEnroe Place Apartments | 2 Bed 2 Bath | 930 sqft | 2BR,2BA | $1,518 |
Mallview Apartments | 3A | 3BR,2BA | $1,635 |
EMPIRE | 2 Bed 2 Bath | 2BR,2BA | $2,200 |
The Beacon CLO | 2B/2B Condo B | 2BR,2BA | $2,200 |
Best Value Apartments for Rent in Alvarado, MN and Nearby
As of May 15, 2025 the best value apartment in the Alvarado area is the $1.50 price per square foot 2B/2B Condo D Model at The Beacon CLO in the in the Downtown Grand Forks neighborhood starting from $3,000. The second greatest value Alvarado apartment is the 2 Bed 2 Bath - High Ceiling Model at EMPIRE starting at $2,800 with a $1.76 price per square foot . Here is today’s list of the best values for Alvarado apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Beacon CLO | 2B/2B Condo D | 2BR,2BA | $1.50 |
EMPIRE | 2 Bed 2 Bath - High Ceiling | 2BR,2BA | $1.76 |
Forest Park Apartments | 3 Bedroom 1 Bathroom A | 3BR,1BA | $0.86 |
Minnesota Heights Apartments | 1B/1B/HCA | 1BR,1BA | $1.25 |
The Verge Grand Forks | 2BR/2BA | 2BR,2BA | $0.81 |
Block V | 1BR/1BA | 1BR,1BA | $1.00 |
Valley Park Apartments | 2 Bedroom A | 2BR,1BA | $0.83 |
Blackmore Flats | 1 Bed & 1 Bath - 1B | 1BR,1BA | $1.92 |
Fieldhouse at Memorial Village | 1B/1B B | 1BR,1BA | $1.72 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Alvarado, MN
Walk Score®
5 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
26 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Alvarado Apartments
What is the Cheapest Studio apartment in Alvarado?
Currently the most affordable Cheap Studio Apartment in Alvarado is at Block V listed at $775.
How much is rent for a Cheap One Bedroom Alvarado Apartment?
The lowest price for a Cheap One Bedroom Alvarado Apartment is $800 at Block V.
What is the lowest price for a Cheap Two Bedroom Alvarado Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alvarado is starting from $596 at Valley Park Apartments.
What is the most affordable Alvarado Three Bedroom Apartment?
The best deal on a cheap Alvarado Three Bedroom Apartment rental is at Forest Park Apartments and starts from $938.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.